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Project Management Question Bank

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Question:

You are reviewing an old project file where you find a document which contains the project description, important requirements, milestones, and project budget. What document is it?
  1. Scope statement
  2. Project charter
  3. Scope baseline
  4. Procurement document






2. During the development of the project stakeholder engagement plan, the project manager is usually dependent on the expert judgment of senior stakeholders to identify and plan effective stakeholder management strategies. Which of the following stakeholders cannot guide the project manager in developing effective strategies for internal stakeholders?

  1. Sponsor
  2. Identified key stakeholders
  3. Customers
  4. Project team members
Correct Answer


3. You are a project manager on a US $5,000,000 software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development journal. Which of the following BEST describes what this type of input is called?

  1. Mandatory dependency
  2. Discretionary dependency
  3. External dependency
  4. Heuristic 33
Correct Answer


4. A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labour hours per installation from past projects to predict the future. This is an example of which of the following?

  1. Parametric estimating
  2. Three-point estimating
  3. Analogous estimating
  4. Monte Carlo analysis 48
Correct Answer


5. A project manager is assigned to a new project and is supplied with a preselected team. What is the FIRST thing the project manager should find out about the team?

  1. Each team member wants to get out of the project.
  2. What each team member wants to get out of the project.
  3. Each team member’s project archives
  4. Each team member’s role in the project management plan.
Correct Answer


6. A tool that provides a visual representation of human resource allocation to a project, number of working hours, and availability on the project is a:

  1. Resource Histogram
  2. Staff release plan
  3. Resource Breakdown Structure (RBS)
  4. Organization Breakdown Structure (OBS)
Correct Answer


7. The project for the accounting department has been going well when the company says that it must reduce the cost of the project without changing the quality requirements. The project manager has looked to trim any resources, paid more attention to risk on upcoming activities, and even has reduced product scope, but the project remains over the new budget limit. Which of the following should the project manager do NEXT?

  1. Get an extension of time
  2. Review expensive customer requirements that add the least benefit
  3. Suggest the project be terminated
  4. Cut 10 percent off the cost estimate of each remaining activity.
Correct Answer


8. Which of the following cane create the MOST misinterpretation in the project scope statement?

  1. Imprecise language
  2. Poor pattern, structure, and chronological order
  3. Small variation in size of work packages or detail of work
  4. Too much detail 03
Correct Answer


9. Two people are in the process of estimating probabilities for each of their identified risks. Which step of risk management is this?

  1. Identify Risks
  2. Perform Quantitative Risk Analysis
  3. Plan Risk Responses
  4. Control Risks.
Correct Answer


10. During the risk response process, you find a risk which would be difficult for you to manage. You discuss the issue with management and a decision is taken to transfer the management of this risk to your portfolio manager. What risk response strategy is this?

  1. Mitigate
  2. Escalate
  3. Transfer
  4. Avoid
Correct Answer









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